In a filing, J.M. Smucker Co. revealed its Chair of Board, Pres & CEO SMUCKER MARK T unloaded Company’s shares for reported $1.1 million on Jun 21 ’24. In the deal valued at $110.16 per share,10,000 shares were sold. As a result of this transaction, SMUCKER MARK T now holds 78,757 shares worth roughly $9.25 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Knudsen Jeannette L sold 3,200 shares, generating $399,264 in total proceeds. Upon selling the shares at $124.77, the Chief Legal Officer now owns 8,946 shares.
Before that, Knudsen Jeannette L sold 6,500 shares. J.M. Smucker Co. shares valued at $791,570 were divested by the Chief Legal Officer at a price of $121.78 per share. As a result of the transaction, Knudsen Jeannette L now holds 12,146 shares, worth roughly $1.43 million.
DA Davidson initiated its J.M. Smucker Co. [SJM] rating to a Neutral in a research note published on March 01, 2024; the price target was $132. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in late February from “a Hold” to “a Buy”. Citigroup began covering SJM with “Buy” recommendation on February 01, 2024. Wells Fargo started covering the stock on December 12, 2023. It rated SJM as “an Overweight”.
Price Performance Review of SJM
On Friday, J.M. Smucker Co. [NYSE:SJM] saw its stock jump 0.09% to $117.39. Over the last five days, the stock has lost -3.10%. J.M. Smucker Co. shares have fallen nearly -7.11% since the year began. Nevertheless, the stocks have fallen -2.44% over the past one year. While a 52-week high of $134.62 was reached on 02/02/24, a 52-week low of $105.69 was recorded on 06/26/24. SMA at 50 days reached $119.28, while 200 days put it at $119.32.
Levels Of Support And Resistance For SJM Stock
The 24-hour chart illustrates a support level at 116.39, which if violated will result in even more drops to 115.39. On the upside, there is a resistance level at 117.94. A further resistance level may holdings at 118.49. The Relative Strength Index (RSI) on the 14-day chart is 43.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.36%. Stochastics %K at 24.50% indicates the stock is a holding.
How much short interest is there in J.M. Smucker Co.?
A steep rise in short interest was recorded in J.M. Smucker Co. stocks on 2024-09-13, dropping by -0.41 million shares to a total of 3.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 3.82 million shares. There was a decline of -12.17%, which implies that there is a negative sentiment for the stock.
